Core Viewpoint - The Gross Law Firm is notifying shareholders of Napco Security Technologies, Inc. regarding a class action lawsuit due to alleged misleading statements about the company's growth and hardware sales performance [1][2]. Summary by Relevant Sections Allegations - The complaint alleges that Napco's management provided investors with optimistic projections about the company's growth and strength in its hardware division, claiming confidence in achieving fiscal 2026 growth targets based on demand forecasts [1]. - On February 3, 2025, Napco reported a significant decline in hardware sales, attributing this primarily to reduced sales from two major distributors, leading to a retraction of their long-term 45% EBITDA margin target [1]. Stock Performance - Following the announcement of disappointing financial results, Napco's stock price fell from $36.70 per share on January 31, 2024, to $26.93 per share on February 3, 2025, marking a decline of approximately 26.62% in one day [1]. Class Action Details - Shareholders who purchased shares during the specified class period (February 5, 2024, to February 3, 2025) are encouraged to register for the class action, with a deadline for lead plaintiff applications set for June 24, 2025 [2]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [2]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud, aiming to hold companies accountable for misleading practices that inflate stock prices [3].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Napco Security Technologies, Inc. due to allegations of false and misleading statements regarding the company's growth and hardware division performance [2][4]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in Napco between February 5, 2024, and February 3, 2025, to discuss their legal rights [1]. - There is a deadline of June 24, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Napco [2]. Group 2: Financial Performance - Napco announced a significant reduction in hardware sales for the second quarter of fiscal 2025, attributing the decline primarily to reduced sales from two larger distributors [5]. - Following the announcement, Napco's stock price fell from $36.70 per share on January 31, 2024, to $26.93 per share on February 3, 2025, marking a decline of approximately 26.62% in one day [6]. Group 3: Company Statements - The complaint alleges that Napco and its executives made false statements regarding the company's expected growth and the strength of its hardware division, including confidence in achieving fiscal 2026 growth projections [4]. - The company has also pulled back its long-term 45% EBITDA margin target, indicating uncertainty about achieving this target by the end of fiscal 2026 [5].

Core Viewpoint - A class action lawsuit has been filed against Napco Security Technologies, Inc. for alleged violations of federal securities laws, particularly concerning misleading statements about growth projections and sales performance [1][2]. Group 1: Lawsuit Details - The lawsuit pertains to shareholders who purchased Napco's securities between February 5, 2024, and February 3, 2025 [1]. - The complaint claims that Napco made false statements regarding its confidence in growth projections based on customer demand for hardware products [2]. - Napco's financial results for the second quarter, announced on February 3, 2025, showed a decline in hardware product sales, contradicting previous optimistic statements [2]. Group 2: Financial Performance - The company attributed the sales shortfall to reduced sales from two of its larger distributors [2]. - Following the disappointing sales results, Napco retracted its long-term EBITDA margin target of 45%, stating uncertainty about its achievability [2].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Napco Security Technologies, Inc. due to allegations of false and misleading statements regarding the company's growth and hardware division performance [2][4]. Group 1: Legal Investigation and Class Action - A federal securities class action has been filed against Napco, with a deadline of June 24, 2025, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Napco and its executives violated federal securities laws by failing to disclose material information about the company's expected growth and hardware division strength [4]. Group 2: Financial Performance and Stock Impact - On February 3, 2025, Napco reported a significant reduction in hardware sales, attributing the decline to reduced sales from two major distributors [5]. - Following the announcement, Napco's stock price fell from $36.70 per share on January 31, 2024, to $26.93 per share on February 3, 2025, marking a decline of approximately 26.62% in one day [6]. - The company also retracted its long-term 45% EBITDA margin target, expressing uncertainty about achieving this goal by the end of fiscal 2026 [5].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased NAPCO Security Technologies, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on June 24, 2025 [1]. Group 1: Class Action Details - Investors who purchased NAPCO securities between February 5, 2024, and February 3, 2025, may be entitled to compensation through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 24, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that NAPCO made false and misleading statements regarding its revenue outlook and growth potential, downplaying risks associated with seasonality and macroeconomic factors [5]. - It is claimed that NAPCO's optimistic margin growth goals and reassurances about hardware sales did not align with reality, leading to investor damages when the true situation was revealed [5].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Napco Security Technologies, Inc. due to allegations of false and misleading statements regarding the company's growth and hardware division performance [2][4]. Group 1: Legal Investigation and Class Action - The firm is reminding investors of the June 24, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against Napco [2]. - The complaint alleges that Napco and its executives violated federal securities laws by failing to disclose material information about the company's expected growth and hardware division strength [4]. Group 2: Financial Performance and Stock Impact - On February 3, 2025, Napco reported a significant reduction in hardware sales, attributing the decline to reduced sales from two larger distributors [5]. - Following the announcement, Napco's stock price fell from $36.70 per share on January 31, 2024, to $26.93 per share on February 3, 2025, marking a decline of approximately 26.62% in one day [6]. - The company also retracted its long-term 45% EBITDA margin target, indicating uncertainty about achieving this goal by the end of fiscal 2026 [5].

Core Viewpoint - A class action lawsuit has been filed against Napco Security Technologies, Inc. for allegedly misleading investors about its growth projections and sales performance during the fiscal year 2025 [1][2]. Allegations - The lawsuit claims that Napco failed to disclose its true ability to forecast product demand and its negotiating position with distributors, leading to inflated long-term growth projections [2]. - Napco attributed its declining hardware sales to one-off setbacks, while the complaint suggests that the company's forecasting processes were inadequate [2]. Financial Impact - On February 3, 2025, Napco reported disappointing financial results for Q2 of fiscal 2025, showing a significant drop in hardware sales [3]. - Following this announcement, Napco's stock price fell from $36.70 per share on January 31, 2024, to $26.93 per share on February 3, 2025, marking a decline of approximately 26.62% in one day [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their papers by June 24, 2025, but participation is not required to be eligible for recovery [4]. - The representation in the class action is on a contingency fee basis, meaning shareholders will not incur any fees or expenses [5].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Napco Security Technologies, Inc. due to allegations of false or misleading statements regarding the company's growth and hardware division performance [3][5]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses exceeding $75,000 in Napco between February 5, 2024, and February 3, 2025, to contact them for legal options [1]. - There is a deadline of June 24, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Napco [3]. Group 2: Financial Performance - Napco reported a significant reduction in hardware sales for the second quarter of fiscal 2025, attributing the decline to reduced sales from two larger distributors [6]. - Following the announcement of poor financial results, Napco's stock price fell from $36.70 per share on January 31, 2024, to $26.93 per share on February 3, 2025, marking a decline of approximately 26.62% in one day [7]. Group 3: Allegations Against the Company - The complaint alleges that Napco and its executives violated federal securities laws by failing to disclose material information regarding the company's expected growth and the strength of its hardware division [5]. - Executives had previously expressed confidence in achieving fiscal 2026 growth projections based on demand for hardware products, which has now been called into question [5].

Core Viewpoint - Napco Security Technologies, Inc. is facing a class action lawsuit due to alleged securities fraud that negatively impacted investors between February 5, 2024, and February 3, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors affected by misleading statements regarding Napco's growth and hardware division performance [2]. - Defendants expressed confidence in achieving fiscal 2026 growth projections based on demand for hardware products, which was later contradicted by a significant decline in hardware sales reported on February 3, 2025 [2]. - Following the announcement of reduced hardware sales and a retraction of the long-term 45% EBITDA margin target, Napco's stock price plummeted from $36.70 on January 31, 2024, to $26.93 on February 3, 2025, marking a decline of approximately 26.62% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until June 24, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4].

Core Viewpoint - The Gross Law Firm is notifying shareholders of Napco Security Technologies, Inc. regarding a class action lawsuit due to alleged misleading statements about the company's growth and hardware sales performance [1][2]. Group 1: Allegations and Financial Impact - The complaint alleges that Napco's management provided investors with optimistic projections about the company's growth and hardware division strength, claiming confidence in achieving fiscal 2026 growth targets [1]. - On February 3, 2025, Napco reported a significant decline in hardware sales, attributing this to reduced sales from two major distributors, leading to a retraction of their long-term 45% EBITDA margin target [1]. - Following the announcement, Napco's stock price plummeted from $36.70 per share on January 31, 2024, to $26.93 per share on February 3, 2025, marking a decline of approximately 26.62% in just one day [1]. Group 2: Class Action Details - Shareholders who purchased shares of NSSC during the specified class period (February 5, 2024, to February 3, 2025) are encouraged to register for the class action, with a deadline of June 24, 2025, to seek lead plaintiff status [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle, with no cost or obligation to participate [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].